All Sporting Goods Intelligence articles in Volume 27, Issue 25-26
View all stories from this issue.
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Article
Parliamentary report slams SDI’s working practices
Sports Direct International (SDI) has been lambasted for allegedly “appalling” working conditions and practices at its warehouse in Shirebrook and in its stores, as part of a report by a British parliamentary committee . The select committee for Business Innovation and Skills (BIS), whose investigation included a much-publicized hearing ...
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Article
New managers at SportScheck
SportScheck is expanding its executive board. Roland Patrick Stiefel will assume on Aug. 1 the newly created position of division manager responsible for the creative category management of the purchasing department of the German sports retail chain . The 43-year-old previously worked as merchandising director and as an ...
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Short stops
Lenovo has reportedly unveiled the prototype of a smart running...
Lenovo has reportedly unveiled the prototype of a smart running shoe with an embedded fitness tracker, developed in collaboration with Vibram and the Beijing Design Week
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News briefs
Mizuno, which has its own sales subsidiary in Spain, has...
Mizuno, which has its own sales subsidiary in Spain, has decided to get its lifestyle footwear distributed by Gregal Sport in the country. Besides Lowa, Elan and Schöffel, Gregal Sport distributes more lifestyle-oriented brands such as Canada Goose and Peuterey in the fashion retail channel.
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News briefs
Ispo has launched a new job portal for the international...
Ispo has launched a new job portal for the international sports business. “Ispo Job Market” is an extension of Ispo's broad service portfolio. The new cross-segment portal is already online at www.ispo.com/jobs. In addition, Ispo will be offering employers a dedicated recruitment service, in partnership with Sportyjob and AG Sport ...
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News briefs
Patagonia said it will start working with the Outdoor Industry...
Patagonia said it will start working with the Outdoor Industry Association in the U.S. to assess the potential threats of fleece and apparel made with synthetic materials for the environment. The new program follows research, commissioned by Patagonia, showing that this kind of clothing is likely to cause a significant ...
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News briefs
In its third high-profile hire in recent months, Keen has...
In its third high-profile hire in recent months, Keen has appointed Tyler LaMotte to the new position of global vice president of brand marketing. Prior to Keen, LaMotte served as Apple's senior marketer, in charge of worldwide product marketing. He also worked at Patagonia as global business unit director for ...
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Article
Sports products help TomTom, too
TomTom posted strong sales of smart sports watches and other sports products in the second quarter, partly offsetting a drop in its overall revenues of consumer product revenues, which declined by 5.0 percent from the year-ago quarter, down to €157.2 million . On the other hand, revenues from the automotive ...
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Article
Sport outperforms luxury in Kering’s sales growth
Puma 's progress helped its parent company, Kering , to book a 9.1 percent increase in the revenues of its Sport Lifestyle division on a comparable basis for the first half of this year, in spite of an 8.9 percent decline at Volcom . The division's operating results ...
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News briefs
Nike has promoted Steve Lesnard as vice president and general...
Nike has promoted Steve Lesnard as vice president and general manager for global running, with effect from Aug. 1. He takes the place of Patrick Seehafer, who will become vice president of merchandising for Europe. Lesnard, who is currently in charge of running for North America, has spent 19 years ...
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News briefs
In the framework of an internal restructuring process, Head Sport...
In the framework of an internal restructuring process, Head Sport appointed Roman Stepek as chief executive for its sportswear division with effect from July 1. Stepek, who replaces Daniel Gottschall, reports directly to Head's controlling shareholder and chief executive, Johan Eliasch. He will be responsible for the realignment of Head's ...
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News briefs
Puma is strengthening its presence in the German women's football...
Puma is strengthening its presence in the German women's football segment. Lina Magull, Svenja Huth, Isabel Kerschowski and Mandy Islacker, members of the German women's football team, have signed an agreement with Puma for the supply of training and performance footwear.
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Short stops
Fred Perry is opening its first store in Vietnam, located...
Fred Perry is opening its first store in Vietnam, located in the refurbished Saigon Center shopping mall
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News briefs
Zalando has posted preliminary figures showing that its revenues in...
Zalando has posted preliminary figures showing that its revenues in the second quarter grew by between 24.0 and 26.0 percent over the year-ago quarter to €909-€924 million. The online fashion retailer expects to report adjusted earnings before interest and taxes (Ebit) of €68 to €88 million for the period - ...
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Article
Wolverine falls less than expected
Wolverine Worldwide reported a 5 percent drop in its net income to $24.0 million for its second quarter, ended June 18, as its sales fell for the fourth quarter in a row, down by 7.4 percent to $583.7 million in dollars and by 5.2 percent on an underlying, currency-neutral basis. ...
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News briefs
ExOfficio is starting to use Marmot Mountain's existing sales network...
ExOfficio is starting to use Marmot Mountain's existing sales network to sell its products to specialty sporting goods and outdoor retailers in Germany, Austria, the U.K., the Benelux, France, Switzerland and Italy from spring/summer 2017. ExOfficio was previously sold mainly to selected clients in those countries like Globetrotter and Larca ...
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Article
Strong rebound for Puma in Europe
Puma strongly rebounded in Europe in the second quarter, pushed up by the European football championships as well as a broader uptick in sales across many countries and distribution channels. Puma's turnover in Europe, the Middle East and Africa (EMEA) jumped by 18.8 percent to €321.3 million for the ...
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News briefs
Following Nike's good results for the financial year ended May...
Following Nike's good results for the financial year ended May 31, Mark Parker, the chief executive, got a $33.5 million award as part of an incentive plan announced last year, which is intended to keep him at the company through 2020, when it is supposed to reach a turnover of ...
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News briefs
Reporting a drop in Oakley's sales of sunglasses in North...
Reporting a drop in Oakley's sales of sunglasses in North America, due to poor sales in the sporting goods channel, Luxottica says it plans to centralize all of Oakley's marketing functions at its global headquarters in Milan. It will move Oakley's U.S. wholesale operations to its New York office and ...
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Article
Outdoor and fitness drive Garmin
Sales increases of 23 percent in the outdoor segment and 34 percent in the fitness segment in the second quarter ended June 25 allowed Garmin to strengthen its position in the rapidly growing wearables market, helping the company to book a 5 percent increase in total revenues to $812 ...